3 Cryptocurrencies making huge profits, despite the crypto crash
On Jun 18, 2022
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Despite the current cryptocurrency market crash, there are a few coins that are still making a lot of profit. Coinsfera has analyzed the top 3 cryptos that have managed to stay in the green throughout this difficult time.
In the wake of Bitcoin’s price falling by 13% today, a few cryptocurrencies that are on the rise include SIRIN LABS Token which is up over 920%, NULS is up nearly 23%, and POND is up 23%. This shows that investors are looking for opportunities in other coins beyond Bitcoin.
SRN – up 920% in crypto price today
Today, SRN has increased 920 % in value, making it one of the most rapidly expanding assets of today. SIRIN LABS’s token trading volume has nearly 39,200% more than that of yesterday, as investors moved from risky assets to safer ones. The SRN model is based on regular monetary payments made to digital wallets that store the EGC token.
SIRIN LABS’s token (SRN) is a cryptocurrency that was created by blockchain development company Sirin Labs. The SRN token sale took place in December 2017. The SRN token is based on the Ethereum blockchain and is used to purchase goods and services within the SIRIN ecosystem. Additionally, SRN tokens are required to participate in certain airdrops and Bounty programs. As the SIRIN OS is gains are increasing, the demand for SRN tokens is expected to increase.
NULS – up 23% in crypto price today
The NULS token is up more than 23% today in value. NULS is trading at a price of $0.2. It was launched in 2017. It is based on the blockchain technology that powers Bitcoin, but it has some unique features that make it different from other cryptocurrencies. For example, NULS uses a two-layer architecture that allows for more flexibility and scalability than a single-layer blockchain. NULS features a “smart contract” system that makes it easier to create and execute contracts on the NULS blockchain.
POND – up 23% in crypto price today
With a trading price of $0.0121, Marlin (POND) has improved by approximately 23% since yesterday. The current Marlin equals prices at the launch time of POND in Jan 2021. POND is also trending as one of the top crypto gainers on Binance.
Marlin (POND) is the ERC-20 cryptocurrency of the Layer-0 Marlin Relay open-source protocol. Marlin was created with the goal of improving the speed and scalability of existing blockchain solutions. Marlin uses a unique protocol called the POND Protocol, which is design to be more efficient than traditional Proof-of-Work or Proof-of-Stake algorithms. In addition, Marlin features a system of validators that help to ensure the security of the network. The Marlin network is also designed to be highly scalable, allowing it to support a large number of transactions per second. Currently, Marlin is still in its early stages of development, but the team behind it is confident that it has the potential to become a major player in the cryptocurrency space.
Always conduct thorough research before purchasing crypto. Rather of investing in a project that is currently growing rapidly and hoping to make a quick profit, choose one that you believe has the potential to continue developing for years.